Topic: Bitcoin hits a new low since 2016 - page 4. (Read 468 times)
If you look into the graph, you'll see bitcoin has higher fluctuation. So, there's is no need to worry. Hold your coins. The price will increase very soon, may be at the end of this year the price will start to rise high.
First of all, this is a false headline. Bitcoin has not reached a new low.
And according to the K diagram, bitcoin has always been on an upward trend.
And according to the K diagram, bitcoin has always been on an upward trend.
Yes,I think definitely will increase again,but we have need to waiting small time and be patience.today bitcoin value gone to big down.now this to to fair investor and holders ,if can do hold bitcoin now it's time then definitely will got profit.small value it's not complement for me,I have waiting for increase days..
Only time will tell what will unfold in the next few months.
This is already an answer to your question, we can't dictate this market only time can tell if its going to continue dumping or its time to wake up and make investors believe on this again. Well, don't hit any new low right now because in January 2017 the price is about $1k so better to look at the history price well. Don't just shitpost. Also read more, so you could improve your English, which sucks...
You need to have patience if you want to deal with bitcoin as it a long term investment. Price fluctuation is bitcoin's crucial nature. If the price is low now, probably in next few months it may rise very high. People should hold their coins till then.
This sentence got my attention and I wish this to happen.
Quote
When such levels are hit, the indicator suggests price action is approaching a level below the asset's true value, where a price bounce tends to occur.
Investors like opportunities like this, so it won't be long before price starts to recover. Also I agree with dbshck, title of topic is a bit misleading. Yes, bitcoin continue to fall in the market today. Last few week it fell to $8k to $7k and this week it still struggle and fall to $6k. Survey says that if it will continue its poor performance it will less again. But the good thing is, after few months, it will recover as predicted by the expert. Before 2018 ends, bitcoin will be back again in the market.
This sentence got my attention and I wish this to happen.
Quote
When such levels are hit, the indicator suggests price action is approaching a level below the asset's true value, where a price bounce tends to occur.
Investors like opportunities like this, so it won't be long before price starts to recover. Also I agree with dbshck, title of topic is a bit misleading. Bitcoin is having a free fall after it's price skyrockted last December 2017. The question now is will it continue to crash?
Only time will tell what will unfold in the next few months.
https://www.coindesk.com/oversold-price-bitcoins-rsi-just-hit-its-lowest-level-since-2016/
Only time will tell what will unfold in the next few months.
https://www.coindesk.com/oversold-price-bitcoins-rsi-just-hit-its-lowest-level-since-2016/
Percentage Wise yes ,the price have been free falling from the all time high of $20,000 to the $6,000 area that is more than a 100% but price wise it is not the lowest. Now for the question the $6,000 area is the best support area we have. It have been tested multiple times and also being tested as of the moment. It seems that still the $6,000 support is holding. I do not think that it will continue to crash but I think it will take some time to recover from this crash price.
looking at the historical graphs, this happens kinda yearly, but it's always a with higher lows and higher highs!
shaking out the weak people is good so we can have a new bullrun maybe
shaking out the weak people is good so we can have a new bullrun maybe
Only time will tell what will unfold in the next few months.
This is already an answer to your question, we can't dictate this market only time can tell if its going to continue dumping or its time to wake up and make investors believe on this again. Well, don't hit any new low right now because in January 2017 the price is about $1k so better to look at the history price well. 
Err your title is misleading. What hits a new low since 2016 is Bitcoin's RSI indicator, not the price itself. The recent price low of $6133 is just a 70 days low, as mentioned in the article.
To answer your question, yes I think the crash will continue in the next few days. Sub 6K incoming
To answer your question, yes I think the crash will continue in the next few days. Sub 6K incoming
Bitcoin is having a free fall after it's price skyrockted last December 2017. The question now is will it continue to crash?
Only time will tell what will unfold in the next few months.
https://www.coindesk.com/oversold-price-bitcoins-rsi-just-hit-its-lowest-level-since-2016/
Only time will tell what will unfold in the next few months.
https://www.coindesk.com/oversold-price-bitcoins-rsi-just-hit-its-lowest-level-since-2016/
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